trying to learn payroll pls explain step by step thank you! Payroll Journal Entry Regular earnings $ 5,860.00 Overtime earnings 890.00 Deductions: Federal income tax 615.00 Social Security tax 418.50 Medicare tax 97.88 Pension plan 70.00 Health insurance premiums 230.00 United Way contributions 120.00 Journalize the above data taken from the payroll register of CopyMasters as of April 15, 20—. Page: DATE ACCOUNT TITLE DOC. NO. POST. REF. DEBIT CREDIT 1 20-- Apr. 15 1 2 2 3 3 4 4 5 5 6 6 7 7 8 8 9 Payroll for week ended April 15
trying to learn payroll pls explain step by step thank you! Payroll Journal Entry Regular earnings $ 5,860.00 Overtime earnings 890.00 Deductions: Federal income tax 615.00 Social Security tax 418.50 Medicare tax 97.88 Pension plan 70.00 Health insurance premiums 230.00 United Way contributions 120.00 Journalize the above data taken from the payroll register of CopyMasters as of April 15, 20—. Page: DATE ACCOUNT TITLE DOC. NO. POST. REF. DEBIT CREDIT 1 20-- Apr. 15 1 2 2 3 3 4 4 5 5 6 6 7 7 8 8 9 Payroll for week ended April 15
Century 21 Accounting Multicolumn Journal
11th Edition
ISBN:9781337679503
Author:Gilbertson
Publisher:Gilbertson
Chapter13: Accounting For Payroll And Payroll Taxes
Section13.1: Recording A Payroll
Problem 1WT
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trying to learn payroll pls explain step by step thank you!
Payroll
Regular earnings | $ | 5,860.00 |
Overtime earnings | 890.00 | |
Deductions: | ||
Federal income tax | 615.00 | |
Social Security tax | 418.50 | |
Medicare tax | 97.88 | |
Pension plan | 70.00 | |
Health insurance premiums | 230.00 | |
United Way contributions | 120.00 |
Journalize the above data taken from the payroll register of CopyMasters as of April 15, 20—.
Page:
DATE | ACCOUNT TITLE | DOC. NO. |
POST. REF. |
DEBIT | CREDIT | ||
---|---|---|---|---|---|---|---|
1 | 20-- Apr. 15 |
1 | |||||
2 | 2 | ||||||
3 | 3 | ||||||
4 | 4 | ||||||
5 | 5 | ||||||
6 | 6 | ||||||
7 | 7 | ||||||
8 | 8 | ||||||
9 | Payroll for week ended April 15 | 9 |
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